Two Stage Open Book

A procurement method introduced by Constructing Excellence and the Cabinet Office where a client invites prospective integrated teams to bid for a project based on their ability to deliver an outline brief and cost benchmark

In the two-stage, open-book bidding process, an outline bid and benchmark cost are provided to prospective project teams. Following the first stage, the project teams work with the client to develop the proposal and the contract is then awarded at this second stage.

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